Global Medical Equipment Cooling Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Liquid and Air.

By Configuration;

Packaged, Modular, and Split.

By Compressor;

Scrull, Screw, Centrifugal, and Reciprocating.

By Application;

MRI , CT , PET, LINAC, and Medical Lasers.

By End User;

OEMS, Hospitals & Labs, and Diagnostic Treatment Centers & Laboratories.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn545668186 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Medical Equipment Cooling Market (USD Million), 2021 - 2031

In the year 2024, the Global Medical Equipment Cooling Market was valued at USD 231.36 million. The size of this market is expected to increase to USD 312.32 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

The Global Medical Equipment Cooling Market is experiencing robust growth, primarily driven by the rising use of advanced imaging systems and laser-enabled medical technologies. These devices, which often generate excess heat during operation, require efficient cooling solutions to maintain performance and patient safety. The growing reliance on diagnostic imaging in minimally invasive procedures is amplifying the demand for dependable thermal management systems. In parallel, the medical industry's focus on precision and reliability continues to support advancements in cooling technologies.

The market is strongly influenced by the widespread deployment of MRI and CT machines, with over 60% of large-scale healthcare facilities adopting liquid-based cooling technologies for superior thermal regulation. Energy efficiency is also becoming a key priority, leading to increased demand for compact, modular, and closed-loop cooling systems. These solutions cater to the evolving needs of modern healthcare environments that prioritize space-saving designs and sustainability.

Innovation and Industry Focus
Technological innovation continues to redefine the medical cooling landscape. The focus is shifting toward smart, low-noise, and environmentally sustainable cooling units that meet modern healthcare requirements. Manufacturers are dedicating about 55% of their research and development budgets to the miniaturization and energy optimization of cooling technologies. These enhancements not only support long-term device efficiency but also align with industry trends toward integrated system architectures.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Configuration
    3. Market Snapshot, By Compressor
    4. Market Snapshot, By Application
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Global Medical Equipment Cooling Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements

        2. Increasing Demand

        3. Regulatory Compliance

      2. Restraints
        1. Cost Constraints

        2. Limited Awareness

        3. Complex Regulations

      3. Opportunities
        1. Innovation in Cooling Technologies

        2. Healthcare Infrastructure Growth

        3. Sustainable Solutions

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Medical Equipment Cooling Market, By Type, 2021 - 2031 (USD Million)
      1. Liquid
      2. Air
    2. Global Medical Equipment Cooling Market, By Configuration, 2021 - 2031 (USD Million)
      1. Packaged
      2. Modular
      3. Split
    3. Global Medical Equipment Cooling Market, By Compressor, 2021 - 2031 (USD Million)
      1. Scrull
      2. Screw
      3. Centrifugal
      4. Reciprocating
    4. Global Medical Equipment Cooling Market, By Application, 2021 - 2031 (USD Million)
      1. MRI
      2. CT
      3. PET
      4. LINAC
      5. Medical Lasers
    5. Global Medical Equipment Cooling Market, By End User, 2021 - 2031 (USD Million)
      1. OEMS
      2. Hospitals & Labs, and
      3. Diagnostic Treatment Centers & Laboratories.
    6. Global Medical Equipment Cooling Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Drake Refrigeration, Inc
      2. Cold Shot Chillers
      3. American Chillers
      4. Legacy Chiller Systems.
      5. Johnson Thermal Systems
      6. Filtrine Manufacturing Company
      7. Laird Technologies
  7. Analyst Views
  8. Future Outlook of the Market